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there were some clashes in alexandria between pro and anti--morsi groups. because the security forces anticipated that because there were a lot of clashes yesterday up in the north there. it was pretty minimal. this was a day, a crucial day as you know for president morsi and his muslim brotherhood supporters. they needed a big turnout, a huge crowd at that rally to kind of stem the momentum of the opposition which we've seen now draw hundreds of thousands of secular, moderate, leftist, liberal egyptians filling that tahrir square on a couple of occasions this past week. but today belonged to morsi supporters, really. that show of support was big. at least the tens of thousands if not 100,000 outside cairo university. it had more of a feel of a political rally with people waving flags, carrying banners, chanting slogans. again there were some slashes but it was overall a peaceful day. the muslim brotherhood is must more focused on politics than on protests. it wants to ratify that new draft constitution as quickly as possible. of course the opposition says
there were some clashes in alexandria between pro and anti--morsi groups. because the security forces anticipated that because there were a lot of clashes yesterday up in the north there. it was pretty minimal. this was a day, a crucial day as you know for president morsi and his muslim brotherhood supporters. they needed a big turnout, a huge crowd at that rally to kind of stem the momentum of the opposition which we've seen now draw hundreds of thousands of secular, moderate, leftist, liberal...
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but today really did belong to morsi supporters. their show of support was very big in the tens of thousands, perhaps 100,000 or more outside cairo university and had the feeling of a political rally. waving flags, carrying banners and chanting slogans and some clashes between pro and anti-morsi groups, but up in alexa alexandria, not in cairo. overall, very peaceful. the muslim brotherhood much more focused on politics than on protests, craig. it wants to see that ratification of the new draft constitution, which the opposition says is invalid and was rushed through that all islamist committee. it wants to see it out there and voted on as soon as possible. morsi received a copy of the draft of that constitution at a ceremony this evening and in the days ahead, it may be even tonight he could announce a nationwide referendum and a date as early as mid-december. craig? >> nbc jim maceda, our man on the ground in cairo. jim, we'll come back to you later. thank you, sir. >>> coming up, a republican lawmaker calls out her own party for
but today really did belong to morsi supporters. their show of support was very big in the tens of thousands, perhaps 100,000 or more outside cairo university and had the feeling of a political rally. waving flags, carrying banners and chanting slogans and some clashes between pro and anti-morsi groups, but up in alexa alexandria, not in cairo. overall, very peaceful. the muslim brotherhood much more focused on politics than on protests, craig. it wants to see that ratification of the new draft...
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now the protesters are denoun denouncing president morsi. in the draft constitution, his islamic allies approved earlier today. our chief foreign correspondent richard engel brings us. the chance of the regime echoing throughout the square, what exactly in the constitution are they so upset about? >> reporter: they are upset not only at the constitution, but also because president mohamed morsi, last week, gave himself extraordinary powers. he made all of his decision final and that they are not subject to any kind of judicial oversight. and then once he gave himself these extraordinary powers, he had his allies, a group of islamists, write a new constitution. imagine in the united states if a freshly minted president five months into his term suddenly came out and made an announcement, he said, by the way, the supreme court doesn't matter anymore. congress doesn't matter anymore, and a bunch of my friends have just written a brand-new constitution that gives islamists a great deal more power. that's what brought people out on the street. th
now the protesters are denoun denouncing president morsi. in the draft constitution, his islamic allies approved earlier today. our chief foreign correspondent richard engel brings us. the chance of the regime echoing throughout the square, what exactly in the constitution are they so upset about? >> reporter: they are upset not only at the constitution, but also because president mohamed morsi, last week, gave himself extraordinary powers. he made all of his decision final and that they...
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today in the end belonged to morsi supporters. their show of support was big, at least in the tens of thousands, perhaps 100,000 or more outside cairo university and it really had the feel of a political rally. there were people waving flags, carrying banners and chanting pro-morsi sloegers. there were some clashes reported, not in cairo, but in the north in alexandria between pro and anti-morsi groups. overall, however, the day was peaceful. that's because the muslim brotherhood is much more focused on politics than on protests. it wants to see as quickly as possible the ratification of that new draft constitution. which, of course, the opposition says is completely invalid because it was rushed through an all-islamist committee and very bias towards the islamists. morsi received tonight a copy of that draft in a ceremony and in the days ahead, maybe even tonight is likely to announce a nationwide referendum for as early as mid-december. back to you. >> jim maceda in cairo for us, thank you, sir. >>> republicans have drawn a line
today in the end belonged to morsi supporters. their show of support was big, at least in the tens of thousands, perhaps 100,000 or more outside cairo university and it really had the feel of a political rally. there were people waving flags, carrying banners and chanting pro-morsi sloegers. there were some clashes reported, not in cairo, but in the north in alexandria between pro and anti-morsi groups. overall, however, the day was peaceful. that's because the muslim brotherhood is much more...
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half or more is rising against morsi. the more democratic side of the society seems to be against more sis. -- moresy. melissa: what is your best policy here? >> morsi, if you want money you have to sit down with us and your opposition. this is a way to corner him. let's have a triangular. liberal civil society, women, what have you. and morsi and allies on the other hand. we would like as a congress first and administration listen to your debate. who will give us better in terms of american-egyptian alliances and democracy and freedom in the region. melissa: walid, thank you so much. >> thank you for having me. melissa: up next on "money", the u.s. navy steams ahead to adopt renewable fuels but senator james inhofe says it is about to sink boatloads of taxpayer cash. is he saying a wind powered aircraft carrier is a bad idea? i don't understand. he is here with all the details. >>> plus there are black markets for guns, cigarette and gold. but for hey hay? they have been hit by a string of robberies across the country. p
half or more is rising against morsi. the more democratic side of the society seems to be against more sis. -- moresy. melissa: what is your best policy here? >> morsi, if you want money you have to sit down with us and your opposition. this is a way to corner him. let's have a triangular. liberal civil society, women, what have you. and morsi and allies on the other hand. we would like as a congress first and administration listen to your debate. who will give us better in terms of...
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morsi cannot, even with the referendum on the5th, five lines, strong opposition. lou: eric, do you concur? >> i don't, actually. i wish i shared his optimism, but it seems to me the administration is still really engaging morsi, not reading him the riot act. you had top morsi advisers in washington yesterday meeting with the nfc. no hardessage sent at all. it's true that, you know, the protesters against morsi are uniting around it, but beyond that, very little brings them together. it's hard to see this protest creating a nonislammist movement more likely have be forcing it through creating chaos. >> doesn't it seem now clear that this administration is supporting at least covertly, subtly, the islamist movement in the region, in fact rather than, as it seems, many want to believe, and trying to work against the radicall islams, and those. >> this question is only asked in washington. everywhere else, go to paris, london, europe, the arab world, you read their press, and everybody knows, or everybody criticizes or accuses the obama administration as being a partn
morsi cannot, even with the referendum on the5th, five lines, strong opposition. lou: eric, do you concur? >> i don't, actually. i wish i shared his optimism, but it seems to me the administration is still really engaging morsi, not reading him the riot act. you had top morsi advisers in washington yesterday meeting with the nfc. no hardessage sent at all. it's true that, you know, the protesters against morsi are uniting around it, but beyond that, very little brings them together. it's...
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since morsi proposed his powers. a third of the aides resigned now, and more than 225 injured in the clashes since they broke out. turning to the president and his views, steering clear of my public statements on egypt or morsi or the administrations, but jay carney responded to a question on the administration's actions on the turmoil, a scripted response that he clearly wrote word for word. a two-way dialogue with an exchange of the egyptian people themselves, about their constitutional process, and the substance of the constitution. the egyptian people want and deserve a process that's open, transparent, fair, and does not unfavor one group over any other. democracy depends on strong institutions and important checks and balances that provide accountability. we note that demonstrations supporting both sides of the issues have been large and generally peaceful. lou: a careful and scripted response. the director of national intelligence today showed congress the video proving the obama add -- administration misled t
since morsi proposed his powers. a third of the aides resigned now, and more than 225 injured in the clashes since they broke out. turning to the president and his views, steering clear of my public statements on egypt or morsi or the administrations, but jay carney responded to a question on the administration's actions on the turmoil, a scripted response that he clearly wrote word for word. a two-way dialogue with an exchange of the egyptian people themselves, about their constitutional...
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last week morsi secured a agreement from the international monetary fund for $4 billion in loans. it was a signal that egypt was ready to tackle to economic reform. u.s. pays billions to imf fund and i'm not sure why we should contribute to the loan. joining me is the author of the battle over islam. before we talk about egypt, get you to react to the vote in the u.n. on palestine. tell me what it means? >> if anything the timing is really bizarre, melissa. the u.n. proving how out of touch it is. hamas claiming supposedly victory when israeli finally responded appropriately to having missiles thrown at it for months of the president of egypt claiming egypt was terrorist state and claiming he brought these. state leadership in egypt but claiming regional egypt. israel is having to recognize a state-run by aterrorist organization that the united states will not even recognize because they're a terrorist group. just a very bizarre setting. >> is it bizarre or is it on purpose and very specific? >> well, it is on purpose from the u.n. it is on purpose from individuals there that want
last week morsi secured a agreement from the international monetary fund for $4 billion in loans. it was a signal that egypt was ready to tackle to economic reform. u.s. pays billions to imf fund and i'm not sure why we should contribute to the loan. joining me is the author of the battle over islam. before we talk about egypt, get you to react to the vote in the u.n. on palestine. tell me what it means? >> if anything the timing is really bizarre, melissa. the u.n. proving how out of...
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in cairo, thousands of supporters of egyptian president mohamed morsi are holding rallies today in approval of a draft constitution that passed yesterday. opponents of that measure have held protests and remain in tahrir square. >>> south korea calls north korea's announced plans to fire a long-range test rocket a grave provocation. north korea says it will fire the rocket between december 10th and 22nd. recent satellite photos appear to show launch preparations. >>> mexico has a new president, enrique pena nieto assumed that office in a small ceremony after midnight and will be sworn in later today. >>> in southern new jersey, a large area surrounding the scene of a derailed freight train has been evacuated. four tankers tumbled and released dangerous chemicals that made dozens of people sick. residents might have to stay away for several days. >>> and people are flocking to north carolina, the city known as christmas town usa where the holiday lights went on last night and will draw thousands of visitors through the season. those are your fast five headlines. >>> let's go back to washingt
in cairo, thousands of supporters of egyptian president mohamed morsi are holding rallies today in approval of a draft constitution that passed yesterday. opponents of that measure have held protests and remain in tahrir square. >>> south korea calls north korea's announced plans to fire a long-range test rocket a grave provocation. north korea says it will fire the rocket between december 10th and 22nd. recent satellite photos appear to show launch preparations. >>> mexico...
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the pressure not letting up for egyptian president mohammed morsi. reports say he is ready to postpone the scheduled vote on the new constitution which would cement his sweeping powers. earlier today protesters broke through the barriers around the presidential palace. police fired tear gas at a crowd of almost 1000 people out seed cairo tv studios. we have a fox news contributor, specializing in middle east counterterrorism affairs. lisa, it looks like things are getting more out of control all the time. people keep saying this is going to calm down. what is your, what is your take on it? >> well, as long as morsi's factions, the muslim brotherhood will remain steadfast in a power grab and maintaining their agenda, the people, opposition saying this is not what we fought for the company will remain in perpetual revolutionary mode. there is no way around it. morsi will have to make concessions and even when he does it might be too hail too late as far as the people are concerned here. melissa: everybody keeps talking about as well the $1.6 billion in
the pressure not letting up for egyptian president mohammed morsi. reports say he is ready to postpone the scheduled vote on the new constitution which would cement his sweeping powers. earlier today protesters broke through the barriers around the presidential palace. police fired tear gas at a crowd of almost 1000 people out seed cairo tv studios. we have a fox news contributor, specializing in middle east counterterrorism affairs. lisa, it looks like things are getting more out of control...
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on saturday there were big demonstrations in favor of morsi. more than 100,000 people showed up in cairo. other big demonstrations elsewhere in egypt ap thnd own sunday the top court canceled a hearing where they were set to vote on the constitutionality of president morsi's decrees and the special panel that drafted the constitution. the judges said when they tried to enter the courthouse, pro-morsi demonstrators had blocked the entrances chanting sow begans against them. the judges said they feared for their safety and they suspended the hearings. no word on if or when they will be rescheduled. if they would have ruled against morsi, it would have been a direct challenge against the president, something these opposition factions wanted to see. >> i feel like forced to accept something that i refuse since the first day. >> reporter: and now the path seems to be a little clearer for the president and his supporters to get their way. for a national vote to take place on december 15th or egypt's new constitution. what's in the constitution that w
on saturday there were big demonstrations in favor of morsi. more than 100,000 people showed up in cairo. other big demonstrations elsewhere in egypt ap thnd own sunday the top court canceled a hearing where they were set to vote on the constitutionality of president morsi's decrees and the special panel that drafted the constitution. the judges said when they tried to enter the courthouse, pro-morsi demonstrators had blocked the entrances chanting sow begans against them. the judges said they...
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president morsi left the palace. the protesters broke through police lines, but then they pulled back when riot police used tear gas. thousands of egyptians protesting the declaration giving him unrestricted powers, and, we'll, of course, continue to monitor news from egypt. dennis: you'd think that made traders oil. cheryl: the oil contacts, suez canal right there. dennis: stocks every 15 # minutes. >> when you talk about commodities, something else, gold, down twenty bucks. look here at the resource, an mtn, ticker symbol, like mountain. it's down 10% as they came out with the quarterly report. the stock at $50.58 # a share, but the ski resort posted higher operating costs, not good news, and revenue was flat in the quarter, soft for the season. what they are seeing here is numbers that really disappointed wall street, and, as a result, stock is selling off. the market cap is $2 billion, and year to date, the stock doing well, but, today, giving back a lot of that. what we see in egypt, the s&p 500 down one quarter
president morsi left the palace. the protesters broke through police lines, but then they pulled back when riot police used tear gas. thousands of egyptians protesting the declaration giving him unrestricted powers, and, we'll, of course, continue to monitor news from egypt. dennis: you'd think that made traders oil. cheryl: the oil contacts, suez canal right there. dennis: stocks every 15 # minutes. >> when you talk about commodities, something else, gold, down twenty bucks. look here at...
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those opposed to president mohammad morsi making their voices heard. dennis: let's look at ten year treasuries. tracy: i am tracy byrnes, markets are searching for direction as investors look to washington for the latest on the fiscal cliff negotiations. right now the dow is down 9 points. aaa joins the controversy surrounding the new blend of gasoline containing 50% ethanol. the nation's largest automobile group is urging regulators and fuel producers to stop selling it. trading potential for consumer confusion voided warranties and vehicle damage. the environmental protection agency approved the blend in june. apple is looking to take a bite out of the chinese market with consumer electronics heavyweight announcing the i phone 5 will go on sale in china december 14th, the ipad mini and fourth generation i had become available december 7th. of these products are sold in 40 countries. the latest from the fox business network giving you the power to prosper. and personal attention. which is why we are prou to partner with health care professials who und
those opposed to president mohammad morsi making their voices heard. dennis: let's look at ten year treasuries. tracy: i am tracy byrnes, markets are searching for direction as investors look to washington for the latest on the fiscal cliff negotiations. right now the dow is down 9 points. aaa joins the controversy surrounding the new blend of gasoline containing 50% ethanol. the nation's largest automobile group is urging regulators and fuel producers to stop selling it. trading potential for...
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the latest twist pitting morsi against the legal system. you are look at live pictures in tahrir square, in cairo, and it is packed with demonstrators in the midnight hour, and, also, steve harrigan streaming like overlooking the scene. what is the latest? >> we have seen remarkable and basic challenges to democracy here in egypt over the past week, and last wednesday we had a dly elected president saying any decrease he issues is final and cannot be reviewed by the courts or anyone else, pledging himself above the law. today we saw step two in the maneuver, and it was the supreme constitutional court when the judges were headed to the building which was surrounded by a crowd of demonstrators loyal to the president and judges felt intimidated physically and mentally and now they are on strike refusing to work in this atmosphere, judges unable to get into their court to do their job, the next step is this national referendum on a draft constitution, a constitution that was pushed through in one night in one night. if they vote the constituti
the latest twist pitting morsi against the legal system. you are look at live pictures in tahrir square, in cairo, and it is packed with demonstrators in the midnight hour, and, also, steve harrigan streaming like overlooking the scene. what is the latest? >> we have seen remarkable and basic challenges to democracy here in egypt over the past week, and last wednesday we had a dly elected president saying any decrease he issues is final and cannot be reviewed by the courts or anyone else,...
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people across egypt will have to vote up or down on it if it is accepted as expected, morsi has said he will give up those extraordinary powers, those extra judicial powers that he has given himself. and keep in mind here. we haven't seen the public support for this president. he won 52% of the vote just five months ago. we're likely to see a strong showing by his backers tomorrow. and a possible win in this constitutional battle. the real question for the opposition is. will that be enough? will they stay out here on the square? many people say they are going to sleep out there until morsi is driven from power, shepard. >> shepard: steve harrigan in cairo tonight. steve, thank you. after tourists photographed a new york city police officer buying some boots for a homeless man, the image went viral. now for the first time we're hearing from the officer himself and he is talking about why he wishes he could have helped a little bit more. plus, a secret santa giving out hundred dollar bills to folks recovering from the super storm. >> we lost our whole house. >> my granddaughter is in
people across egypt will have to vote up or down on it if it is accepted as expected, morsi has said he will give up those extraordinary powers, those extra judicial powers that he has given himself. and keep in mind here. we haven't seen the public support for this president. he won 52% of the vote just five months ago. we're likely to see a strong showing by his backers tomorrow. and a possible win in this constitutional battle. the real question for the opposition is. will that be enough?...
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embassy closed in cairo amid protests, of bid muhamed morsi's power grab. connell: can you hear me now syndrome, wireless carriers are ranked on their performance. we will have the worst and the best. dagen: stocks now lend every 15 minutes, nicole petallides at stock exchange with economic news this morning. is that what is giving the market a lift? nicole: we have a lot going on here. we have jobless claims for the second week, that is good news, you saw growth in economy and in the last few moments we moved higher and we are positive for the week. when you check it out and industrials we are up 44 points and most of those names on the dow are in the green, names like hewlett-packard and caterpillar and bank of america and united healthcare doing well. the fiscal cliff headline after headline continues to be in the forefront and on everybody's mind that this is what we are seeing, a decent market and the u.s. dollar being weaker today has been a factor in the strength we are seeing as well. connell: treasury secretary tim geithner meeting with congression
embassy closed in cairo amid protests, of bid muhamed morsi's power grab. connell: can you hear me now syndrome, wireless carriers are ranked on their performance. we will have the worst and the best. dagen: stocks now lend every 15 minutes, nicole petallides at stock exchange with economic news this morning. is that what is giving the market a lift? nicole: we have a lot going on here. we have jobless claims for the second week, that is good news, you saw growth in economy and in the last few...
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the presidential palace with president morsi inside has been surrounded by tanks. yesterday, morsi refused to call off a vote on that new constitution. he will not back down. and members of his cabinet, and people are dying in the streets. egypt in turmoil, the worst in decades and its economy flat-out at a stand still. time is money, here is what else we talk to you this friday morning, the u.s. is sitting on big reserves of natural gas, but the environmentalists want to restrict access to it they don't like fracking, say it's bad for the water supply. we're going to talk to a man whose company cleans that water. a very rare diamond will be on the set and i'll be able to touch t you'll find out how much this rare red diamond costs. new at 10, michigan right to work pushes through. hundreds of pro union workers rush the state capitol. the top of the hour, we'll have that. now, i have the seven early movers including special dividends, charles payne used do this and he's going to offer a commentary how good i am at it. publisher mcgraw-hill, aboard that special divi
the presidential palace with president morsi inside has been surrounded by tanks. yesterday, morsi refused to call off a vote on that new constitution. he will not back down. and members of his cabinet, and people are dying in the streets. egypt in turmoil, the worst in decades and its economy flat-out at a stand still. time is money, here is what else we talk to you this friday morning, the u.s. is sitting on big reserves of natural gas, but the environmentalists want to restrict access to it...
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president morsi spoke to the nation calling for a national dialogue. he refused to bed. japanese authorities telling the united nations no problems have been detected that nuclear plants near the epicenter of that 7.3 magnitude earthquake that walked the country today. a 1 meter tsunami in the area near honshu. there is no threat of a wide spread tsunami. the nurse has taken her own life that got caught -- the dj posed as queen elizabeth and king charles. those are your headlines. back now to adam and melissa. melissa: unbelievable. protests in michigan as state lawmakers approve right to work law graduation. new laws that prohibit new unions from collecting fees from non-members. mike towbin has more on this. >> they cannot stop what governor rick snyder calls freedom to work legislation from being passed on tuesday because michigan republicans simply have the numbers. the demonstrations have gotten ugly. eight people have been arrested. additional state troopers have been diploid to the capital. unlike drawnout labor standoffs we have seen in years, rick snyder has bee
president morsi spoke to the nation calling for a national dialogue. he refused to bed. japanese authorities telling the united nations no problems have been detected that nuclear plants near the epicenter of that 7.3 magnitude earthquake that walked the country today. a 1 meter tsunami in the area near honshu. there is no threat of a wide spread tsunami. the nurse has taken her own life that got caught -- the dj posed as queen elizabeth and king charles. those are your headlines. back now to...
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the documented in bid a anger over morsy's newly founded powers. it looks like former imf chief dominique strauss kahn will be settling with the van had made that accused him of sexual assault last year. those are your news headlines. it is back to melissa and lori. melissa: thank you so much. will we avoid driving off the fiscal cliff if we just paid a little more for the gas to get there? we are looking for revenue under every rock here. raising the gas tax is the latest. tom kloza joined those on the phone now. >> i think it is probably something that is sensible to look at. melissa: what works? this is incredibly regressive. i cannot imagine democrats embracing this. this will hit lower income americans the hardest. >> in the rural south and the rural midwest. it has not been increased since 1993. it is a fraction of what you see. here is a thought. if you really believe and i do believe that we are probably going to be much more dependent on foreign oral and have two purdue as oil going forward, there may be a way to index it towards those u.s
the documented in bid a anger over morsy's newly founded powers. it looks like former imf chief dominique strauss kahn will be settling with the van had made that accused him of sexual assault last year. those are your news headlines. it is back to melissa and lori. melissa: thank you so much. will we avoid driving off the fiscal cliff if we just paid a little more for the gas to get there? we are looking for revenue under every rock here. raising the gas tax is the latest. tom kloza joined...
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the egyptian community votes on a new constitution today despite the power grab by president mohamed morsi. parliament members voted earlier to keep sharia law as the main sport of legislation there. how about the lucky folks who struck it really big? only two tickets matched the powerball tickets last night. the prize is $579.9 million with $379.8 million cash option which to me is like 380 million anyway. melissa: i had one number. lori: i am rich in great colleagues. employees of knight capital say an eerie silence have descended over the company with competing bid for the trading outfit. charlie gasparino with latest on the future of knight capital. >> if i won, guess it would not be making this call to break the news. no, i did not win. i do not gamble. here's the thing, what is kind of interesting is we have not yet gotten sort of a pressure release by virtue of what is offered. i have a lot of calls, it is owned by viola, former nymex ceo. that is kind of weird. another preservation's last night, another discussed terms, but you generally get a press release or official bid. we don'
the egyptian community votes on a new constitution today despite the power grab by president mohamed morsi. parliament members voted earlier to keep sharia law as the main sport of legislation there. how about the lucky folks who struck it really big? only two tickets matched the powerball tickets last night. the prize is $579.9 million with $379.8 million cash option which to me is like 380 million anyway. melissa: i had one number. lori: i am rich in great colleagues. employees of knight...